Comverse, Inc. 4
4 · Comverse, Inc. · Filed Jul 25, 2014
Insider Transaction Report
Form 4
Comverse, Inc.CNSI
SABOL THOMAS B
Senior VP and CFO
Transactions
- Tax Payment
Common Stock
2014-07-24$26.31/sh−1,232$32,414→ 48,418 total
Footnotes (2)
- [F1]Shares of Comverse common stock purchased by Comverse to cover tax liabilities in connection with the delivery of shares in settlement of one-third (1/3) of a restricted stock unit award issued on November 1, 2012 as part of the spin-off of Comverse from Comverse Technology, Inc. (CTI) in replacement of an award originally granted by CTI on July 24, 2012.
- [F2]Includes 32,979 shares of Comverse common stock deliverable in settlement of unvested restricted stock unit awards.